Wednesday’s action was a case of defeat snatched from the jaws of victory. The S&P 500 opened trading up 1.2%, but by the end of the day, it had lost all of its gains, finishing down nearly 0.8%.
Volatility is back, and that could be excellent news for troubled stocks such as VF Corp. (VFC), which are garnering more attention as investors avoid some of the more prominent names that have attracted more selling pressure than usual in recent days.
